Salesforce CRM
Public, NYSE, reports in USD. Founded 1999.
Theme: Cloud.
CRM SaaS.
2025-08-01 — Mature SaaS
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 41.5bn USD | 0.1 % | 77.7 % | 14.4 % | 8.9bn USD | 21.5 % | 7.5bn USD | 7.80 | 21.5 | |
| 2025 | 41.5bn USD | 9.5 % | 79.2 % | 13.2 % | 8.3bn USD | 20.1 % | 7.4bn USD | 7.80 | 29.6 | |
| 2024 | 37.9bn USD | 8.7 % | 77.2 % | 12.9 % | 7.7bn USD | 20.2 % | 6.2bn USD | 4.20 | 28.9 | |
| 2023 | 34.9bn USD | 11.2 % | 76.0 % | 14.1 % | 5.0m USD | 0.0 % | 208m USD | 0.21 | 11.2 | |
| 2022 | 31.4bn USD | – | – | – | – | – | – | – | – | |
| 2027-Q2 | 11.3bn USD | 10.8 % | 76.7 % | 14.9 % | 2.4bn USD | 21.4 % | 3.5bn USD | 4.29 | 32.2 | |
| 2027-Q1 | 11.1bn USD | – | 53.8 % | 14.6 % | 2.4bn USD | 21.8 % | 2.1bn USD | 2.42 | – | |
| 2026-Q4 | 11.2bn USD | – | 77.6 % | 14.5 % | 2.2bn USD | 19.2 % | 1.9bn USD | 2.07 | – | |
| 2026-Q3 | 10.3bn USD | – | 78.0 % | 14.0 % | 2.4bn USD | 23.9 % | 2.1bn USD | 2.19 | – | |
| 2026-Q2 | 10.2bn USD | – | 78.1 % | 14.5 % | 2.3bn USD | 22.8 % | 1.9bn USD | 1.96 | – |
Sources
- 2026: yfinance
- 2025: 2025_10-K_Summary_2026-07-10.xlsx
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2027-Q2: yfinance
- 2027-Q1: yfinance
- 2026-Q4: yfinance
- 2026-Q3: yfinance
- 2026-Q2: yfinance
Latest quarter 2027-Q2, ended 2026-07-31, vs 2026-Q2
| 2027-Q2 | 2026-Q2 | change | |
|---|---|---|---|
| Revenue | 11.3bn USD | 10.2bn USD | +1.1bn (+11 %) |
| Op. margin | 21.4 % | 22.8 % | -1.4 pts |
| FCF | 1.1bn USD | 605m USD | +493m (+81 %) |
| Op. income | 2.4bn USD | ||
| Net income | 3.5bn USD | ||
| EPS (diluted) | 4.29 | 118.9 % |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | 15.0bn USD | 594m USD | 14.4bn USD | 34.7 % | 201.1 % | 7.0bn USD | 9.2bn USD | 19.8bn USD | -1.7bn USD |
| 2025 | 13.1bn USD | 658m USD | 12.4bn USD | 30.0 % | 176.9 % | 6.9bn USD | 7.8bn USD | 10.8bn USD | 500m USD |
| 2024 | 10.2bn USD | 736m USD | 9.5bn USD | 25.1 % | 165.1 % | 6.4bn USD | 6.8bn USD | 7.7bn USD | 1.4bn USD |
| 2023 | 7.1bn USD | 798m USD | 6.3bn USD | 18.1 % | 3418.8 % | – | – | 5.9bn USD | 1.6bn USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 258.55 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 212.8bn USD | 2026-09-15 | |
| 52w high | 269.11 USD | 2026-09-15 | |
| 52w low | 146.32 USD | 2026-09-15 | |
| Off 52w high % | -3.9 % | ||
| P/S | 5.1 | ||
| Lifetime CAGR | 14.4 % |
Notes
- 2025-08-01 opinion Mature SaaS